What’s Hot: 2-in-1 supplement lowers cholesterol

NORTHRIDGE, Calif. —Pharmavite recently introduced its NatureMade CholestOff + Multi, a combination supplement that marries two growing segments—multivitamins and cholesterol reducers—into one product. With two tablets per day, consumers can help lower cholesterol by up to 24 percent with 800 mg of plant sterols and a complete multivitamin.

According to Nielsen Group data provided by Pharmavite, multivitamins continue to show impressive growth of 1.8 percent on a $1.3 billion base across food, drug, mass and club for the 52 weeks ended Sept. 8, while cholesterol reducers are growing by 41 percent on a $40.8 million base.

TRENDING STORIES

Report says Tesco looking at expansion in Chicago

CHICAGO Tesco is looking to roll out Fresh & Easy Neighborhood Markets in the Chicago area, according to a report in the Chicago Sun Times.

The newspaper attributed the report to a “knowledgeable source” and said Tesco could offer the Chicago area something “unique because of its strong offering of prepared foods, packaged perishables and selection of produce, meat and bakery.”

Tesco has not commented on the report and has said it plans to expand on the West Coast in 2008, opening stores in California, Nevada and Arizona. The chain opened its first store in December and plans to have up to 50 Fresh & Stores open by the end of February.

TRENDING STORIES

Lubin promoted to Walgreens vp and new second position

DEERFIELD, Ill. Walgreens today promoted Steven Lubin to divisional vice president and the new position of general manager of marketing for non-mainland operations. In his new role, Lubin will ensure the company’s marketing meets the needs of customers in Puerto Rico and Hawaii.

As general manager of marketing for Puerto Rico, Lubin spent the past three years living on the island. He is relocating back to the company’s Deerfield, Ill., headquarters for his new duties.

“Steve was a huge asset in Puerto Rico as we worked to better meet the unique needs of our island customers,” said Walgreens chairman and chief executive officer Jeffrey Rein. “He also was invaluable as we opened our first Hawaii store last year, quickly grasping what Hawaiian customers want in a drug store and working with a Walgreens team to buy from many local vendors. Steve’s a big part of our early, strong success in Honolulu.”

Lubin joined the company in 1970 as a stock clerk in Chicago while attending college. He managed several Chicago-area stores before moving into Walgreens’ purchasing department in 1980. He was promoted to a divisional merchandise manager in 1988 and to general manager of marketing for Puerto Rico in 2004.

Pulitzer Prize-winner Peggy Noonan, former Florida Gov. Jeb Bush and singer Diana Ross now feature on the schedule for the National Association of Chain Drug Stores Annual Meeting, slated for April 21-24 in Palm Beach, Fla.

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